Sedo’s domain auction system makes it even easier for you to identify and acquire high-quality domains. All auction bids are made through a proxy bidding system making bidding easier and less time-consuming. Proxy bidding is available for all auctions in which the reserve has been met.
With proxy bidding you submit your maximum bid and the system automatically bids the lowest amount necessary to ensure you are the highest bidder, without exceeding your proxy bid. When you are the winner, you pay only the lowest possible winning bid, which may not necessarily be your maximum bid. For more information about proxy bidding please visit the FAQ.

About Sedo Auctions

Buying Domains Names on Sedo.com